Nerd's Eye View

MARCH 13, 2023

For the past several decades, platforms for advisors have differentiated with the quality of their technology. Consequently, the technology that most of today’s advisor platforms (e.g., broker-dealers, RIA aggregators, TAMPs, etc.) Which is usually one from a list of just 3 leading providers in any particular category.

Technology 80

Technology Compliance Planning Economics 80

https://trustedcfosolutions.com/feed/

FEBRUARY 23, 2022

Choosing the correct accounting system and software tools is the most important step you can take to set your business up for financial success. The right system will efficiently integrate your bookkeeping, payroll, financial reporting, tax reporting, and much more. The time to address taxes is now and later.

Technology 70

Technology Compliance Forecasting CFO 70

Future CFO

SEPTEMBER 2, 2024

The analyst further suggests that application leaders must understand the technologies and frameworks that underpin a composable approach to set the scene for AI-enabled wins. Wahi argues that in the age of agile technology where AI is embedded in solutions, CFOs no longer need to worry about massive overhauls to adopt AI-driven solutions.

Compliance 116

Compliance Leverage Forecasting Risk Management 116

PYMNTS

NOVEMBER 26, 2019

But financial regulatory compliance can be a headache for any market. For traditional banks, compliance experts agree that it’s all about data — and the ability to share information with regulators. Just ask Sergiy Barybin, CEO of Lithuanian cross-border payments technology company SatchelPay.

Compliance 73

Compliance Concentration Restructuring Banking 73

CFO Plans

OCTOBER 15, 2024

Understanding the Complexities of Financial Regulation for Small Businesses Financial regulations are crafted to uphold the integrity and stability of the financial system. For small businesses, the challenge is unraveling these regulations and implementing effective compliance measures.

Compliance 52

Compliance CFO Startups Risk Management 52

CFO Talks

SEPTEMBER 26, 2024

These include tax laws, financial reporting standards, labor laws, industry-specific regulations, and corporate governance codes. It outlines compliance requirements such as annual financial statement submissions, director duties, and shareholder rights.

IFRS 52

IFRS Compliance Auditing Financial Reporting 52

Future CFO

MAY 15, 2024

More interestingly, 62% of executives claim their companies apply the same diligence to ESG reporting as they do to financial reporting. Nikhil Parambath He notes however that while accurate ESG reporting is essential for informed decisions that drive shareholder value, Asia's ESG compliance landscape is still nascent.

Finance 98

Finance Auditing Compliance Leverage 98

CFO Talks

NOVEMBER 20, 2024

But it also comes with a unique set of challenges, particularly for CFOs tasked with ensuring compliance with international reporting standards. For example, while South African companies follow International Financial Reporting Standards (IFRS), the US requires compliance with its Generally Accepted Accounting Principles (GAAP).

IFRS 52

IFRS GAAP Currencies CFO 52

The Charity CFO

OCTOBER 9, 2024

Modern nonprofit leaders are always looking for ways to use technology to make everyday tasks easier. This makes it challenging to create technology that tracks data for fundraising purposes while still following accounting principles. Instead, accounting software prioritizes accuracy, standardization, and regulatory compliance.

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

PYMNTS

JULY 2, 2018

Financial Reporting Council’s Financial Reporting Lab has released a new report on the potential applications of blockchain in the corporate accounting space. According to reports, the group is taking a cautious approach to the technology.

Financial Reporting 40

Financial Reporting Corporate Finance B2B Compliance 40

Future CFO

FEBRUARY 27, 2024

Key stakeholders from an ESG perspective would be the chief financial officer and the chief compliance officer,” she adds. Best practices According to Soni, the chief sustainability officer and his or her team will work across the entire gamut of the organisation to collate, clean, and consolidate data for ESG reporting.

Leadership 98

Leadership Compliance Financial Reporting Economics 98

Planful

SEPTEMBER 5, 2019

Periodic financial reporting is a great example. Most organizations put a great deal of manual effort into their periodic reporting. Our customers love to tell us how many inefficiencies they had in their reporting process before they started using the Planful Platform for financial reporting.

Financial Reporting 40

Financial Reporting IFRS GAAP Auditing 40

CFO Talks

SEPTEMBER 5, 2024

Whether it’s streamlining financial reporting, enhancing data accuracy, or ensuring compliance with South African regulatory standards, clearly defining these objectives will guide the entire design process. Choosing the Right Software and Technology Selecting the appropriate financial software is a critical decision.

IFRS 98

IFRS GAAP Compliance Reconciliations 98

CFO Plans

AUGUST 30, 2024

Leveraging technology to streamline accounting processes is no longer a luxury but a necessity. Regulatory Compliance in Real Estate Keeping up with ever-changing tax laws and regulations can be daunting, especially in the real estate sector where compliance is crucial. Get expert assistance to stay compliant with ease.

Accounting 52

Accounting CFO Compliance Leverage 52

Future CFO

FEBRUARY 22, 2024

The financial landscape is evolving at breakneck speed, driven by big data, globalisation, and digitisation. The pressure on finance leaders to deliver strategic insights and ensure compliance is mounting in this dynamic environment. CFOs can drill deeper into their insights into areas like ESG metrics and potential compliance risks.

Financial Planning and Analysis (FP&A) 97

Financial Planning and Analysis (FP&A) Finance Compliance SAP 97

Future CFO

NOVEMBER 2, 2020

China is the most complex jurisdiction for financial compliance in Asia Pacific while Hong Kong is the easiest, said TMF Group recently. Jurisdictions in APAC lag significantly behind the adoption of technology to streamline and simplify processes.

Compliance 40

Compliance IFRS GAAP Accounting Principles 40

CFO Plans

MAY 2, 2024

Whether you operate in technology, hospitality, manufacturing, trading, or property management, ensure that your chosen partner has a deep understanding of your industry’s unique challenges and opportunities. This knowledge will be invaluable in developing tailored financial strategies that fit your business perfectly.

Accounting 52

Accounting Problem Solving Communication Compliance 52

The Charity CFO

APRIL 20, 2023

We’re in the age of technology, and it seems that for every process or transaction, there is a corresponding technological solution designed to make our lives easier and our work more efficient. In today’s digital age, technology has revolutionized almost every aspect of business operations, including accounting and finance.

Nonprofit 98

Nonprofit Accounting Accounting Standards Budgeting 98

The Charity CFO

MAY 22, 2024

The role of a CFO is all about financial management. Here are five signs your nonprofit is ready for a CFO : You’re experiencing rapid growth and financial complexity. Your current system has inadequate financial reporting and analysis. You have regulatory compliance concerns. Get the free guide!

Nonprofit 52

Nonprofit CFO Compliance Budgeting 52

Future CFO

MAY 31, 2023

Technology has made financial reporting easy for everyone involved in the process, from the finance and accounts team preparing reports to the regulators, investors, and others who use those reports. That said, technology is only one aspect of the reporting process.

Finance 98

Finance General Ledger Prioritization Auditing 98

CFO Talks

AUGUST 21, 2024

Anticipating Financial Challenges: Strategic Measures for Corporate Finance As a CFO in South Africa or elsewhere in Africa, you’re no stranger to the financial hurdles that come your way. Economic shifts, new regulations, and technological changes constantly test your ability to keep your company financially stable.

Corporate Finance 52

Corporate Finance Finance Cash Flow Forecasting IFRS 52

Bramasol

JULY 26, 2024

In this episode, we dive into five issues that are at the heart of optimizing Quote-to-Cash to Compliance with SAP Revenue Recognition and subscription management applications, including complex bundling scenarios. Closing and Reporting: How can we shorten our periodic closing cycles while assuring reporting and disclosure compliance?

SAP 72

SAP IFRS GAAP Compliance 72

CFO News Room

DECEMBER 16, 2022

Financial managers are responsible for developing long-term financial plans, directing investment activities, and generating financial reports for their company. Employment numbers for Financial Managers are expected to rise by 17% over the next decade, faster than the average for all occupations.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

CFO Plans

NOVEMBER 4, 2024

Consider a financial services company that managed to scale its operations by prioritizing cash flow optimization. By employing advanced forecasting tools and real-time financial reporting, they maintained a healthy cash reserve, allowing them to invest in new markets and technologies confidently.

CFO 52

CFO Cost Management Leverage Planning 52

Future CFO

JANUARY 2, 2024

By outsourcing, businesses can reduce expenses related to salaries, benefits, training, office space, and technology infrastructure. Access to Advanced Technology and Tools: Outsourcing firms often invest in state-of-the-art accounting software and technologies to improve efficiency and accuracy.

Accounting 52

Accounting Finance Data Analysis Compliance 52

CFO Plans

AUGUST 23, 2024

Strategic Financial Planning and Tax Savings Tax Planning and Preparation Effective tax planning and preparation can significantly impact your business’s bottom line. A Fractional CFO leverages their in-depth knowledge of tax laws to ensure compliance and identify opportunities for tax savings.

CFO 52

CFO Tax Planning Leverage Budgeting 52

CFO Talks

AUGUST 15, 2024

Futuristic Finance: Strategic Thinking for Tomorrow’s CFO In an era where rapid technological advancements and global economic shifts are the norm, Chief Financial Officers (CFOs) are not just financial stewards but strategic visionaries. This frees up time for the finance team to focus on more strategic tasks.

CFO 52

CFO Finance Problem Solving Budgeting 52

Future CFO

JANUARY 22, 2024

The accounting industry is undergoing profound transformation due to rapid technological advancements across all sectors in the market. In the present landscape, businesses can access up-to-date financial information at any given moment, empowering them to make well-informed decisions promptly.

Accounting 52

Accounting Reconciliations Financial Analysis Financial Data 52

The Charity CFO

AUGUST 21, 2024

We’ll also look at the most effective strategies for improving communications and how technology can help bridge the gap. Specifically, whether the goal is on a cash-basis, “money in the door”, or aligned with how accounting has to reflect the figures in their financial reports – typically an accrual basis.

Communication 52

Communication Accounting Nonprofit Budgeting 52

Future CFO

AUGUST 1, 2023

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. This trend is driven by the need for real-time data analysis and insights to make informed business decisions.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

The Charity CFO

JULY 3, 2024

Budget vs. Actual Comparison: This lets you compare your actual financial performance against the projected budget. Grant Management: Review the status of grants and compliance with grant requirements or conditions. Step 3: Check compliance with financial policies and regulations. Step 2: Analyze budget variances.

Nonprofit 52

Nonprofit Budgeting Compliance CFO 52

VCFO

JUNE 29, 2023

Underscoring this was her ahead-of-the-curve understanding that mission-centered organizations must have strong finance and compliance-related practices and expertise in place to be able to provide services in line with their mission. A CFO will evaluate financial performance, and bring attention to potential issues.

Nonprofit 67

Nonprofit Finance CFO Compliance 67

Future CFO

FEBRUARY 11, 2024

62% of executives strongly agree their companies apply the same diligence to ESG reporting as they do to financial reporting. Just 32% of managers say the same Technology access is going to be key to unlocking value in ESG/Sustainability. There is a disconnect between executives and employees. million for organisations.

Net Present Value (NPV) 98

Net Present Value (NPV) CFO Compliance Economics 98

The Charity CFO

APRIL 18, 2024

These challenges include financial issues, data security compliance, and talent retention problems. Financial Sustainability For nonprofits, financial sustainability means the financial security to cover expenses and advance your mission. 2024 will be no different.

Nonprofit 52

Nonprofit Compliance CFO Leverage 52

Future CFO

MAY 2, 2024

Embracing change Across disciplines, respondents of the Workiva survey nearly unanimously cite complying with new mandates as the most pressing challenge facing reporting teams and the volume of requirements they must contend with as their top compliance concern.

Compliance 52

Compliance Auditing Budgeting Leverage 52

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. But it’s a heavy lift and it requires skill sets you may not have in-house.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

CFO Plans

JUNE 13, 2024

Enhanced Financial Reporting Systems Accurate and timely financial reporting is crucial for informed business decisions. Fractional CFOs can implement robust financial reporting systems, ensuring reliable data. This tech-driven approach keeps businesses agile and responsive in a rapidly changing market.

CFO 52

CFO Tax Planning Manufacturing Leverage 52